sharetrader
Results 1 to 3 of 3
  1. #1
    Advanced Member
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    1,948

    Default MHH - Magellan High conviction lic

    First day of trading today. A new listed trust from Magellan which mirrors their high conviction fund. Highly concentrated fund that invests in between 8-12 of the worlds best companies. Listed today at 1.50

    Anyone on board?

  2. #2
    Update Ready To Install
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    7,886

    Default

    Thats right we discussed it on the PTM thread. Surprised AliBaba is not on the list. Just under 3 mill traded $1.495-$1.52

    https://www.magellangroup.com.au/mag...viction-trust/

  3. #3
    Advanced Member
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    1,948

    Default

    Quote Originally Posted by Joshuatree View Post
    Thats right we discussed it on the PTM thread. Surprised AliBaba is not on the list. Just under 3 mill traded $1.495-$1.52

    https://www.magellangroup.com.au/mag...viction-trust/
    Yes, listened to the video a few times. I might be biased as have done very well from all things Magellan.
    Have held MFF since the start. That one listed at exactly the wrong time in 2008 for a dollar, fell to around 40c in the crash but has done very well, about 3.20 now and had plenty of divis and rights along the way.

    Hopefully this one not listing at just the wrong time too, but I trust them in the longterm, and they are a very good way to get some global coverage without just following some index or other. Subscribed to the float, and plan is will pick more up during periods of global weakness.
    Last edited by ratkin; 11-10-2019 at 05:05 PM.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •